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MTECHTIPS MCX ZINC INTRADAY trading tips 03-11-2016

Wednesday, November 2, 2016 22:57
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MTECHTIPS MCX ZINC INTRADAY trading tips 03-11-2016

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MTECHTIPS MCX Zinc is in perfect uptrend .Currently Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Zinc Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 158-156-155-154-153-150-. Immediate resistance for Zinc is 167

Short term and Intraday Level of ZINC

Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 162 The Zinc is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 164.1 with a stop at 160.8 Below 160 go for sell with stop at 163.3

WWW.MTECHTIPS.COM

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